Posts Tagged retirement

From the IRS: 401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 WASHINGTON — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in

On November 1, IRS issued Notice 2018-83, providing the cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019. Highlights include the increased contributions limits for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s